2022
Exports
$450MWorld Rnk 23 / 129
Flag Rnk 1 / 837
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$6.32MWorld Rnk 94 / 172
Flag Rnk 236 / 1116
2022
ECONOMIC COMPLEXITY of Albania
-0.24Rnk 77 / 133

About

Exports In 2022, Albania exported $450M in Ferroalloys, making it the 23rd largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 1st most exported product in Albania. The main destination of Ferroalloys exports from Albania are: Italy ($181M), United States ($67.9M), Japan ($38.3M), Austria ($29.3M), and Netherlands ($23.8M).

The fastest growing export markets for Ferroalloys of Albania between 2021 and 2022 were Italy ($131M), United States ($60M), and Netherlands ($18.9M).

Imports In 2022, Albania imported $6.32M in Ferroalloys, becoming the 94th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 236th most imported product in Albania. Albania imports Ferroalloys primarily from: Turkey ($4.99M), United Arab Emirates ($416k), India ($395k), North Macedonia ($313k), and Sweden ($106k).

The fastest growing import markets in Ferroalloys for Albania between 2021 and 2022 were United Arab Emirates ($411k), North Macedonia ($313k), and Sweden ($106k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ferroalloys. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$450M
IMPORTS (2022)$6.32M
NET TRADE (2022)$443M

In 2022, Albania exported $450M in Ferroalloys. The main destinations of Albania exports on Ferroalloys were Italy ($181M), United States ($67.9M), Japan ($38.3M), Austria ($29.3M), and Netherlands ($23.8M).

In 2022, Albania imported $6.32M in Ferroalloys, mainly from Turkey ($4.99M), United Arab Emirates ($416k), India ($395k), North Macedonia ($313k), and Sweden ($106k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Albania WERE (2021 - 2022):
Italy$131M (259%)
United States$60M (761%)
Netherlands$18.9M (387%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Albania WERE (2021 - 2022):
China-$32.2M (-87.9%)
India-$17.4M (-63.1%)
Indonesia-$4.59M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Albania's main exporting competitors in Ferroalloys were:
In 2022, Albania's main importing competitors in Ferroalloys were:

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $16M
TOP IMPORT POTENTIALIndia+ $549k

Ferroalloys’s highest export potential is United States. With an export gap of $16M.   Ferroalloys’s highest import potential is India with an import gap of $549k.

See methodology.

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